💰Top gainers in the Nifty index were Hindustan Unilever (up 5.46%), Tech Mahindra (up 2.39%), Britannia Industries (up 2.22%), Nestle India (up 2.09%), and Tata Consultancy Services (up 1.48%). 💰Top losers in the Nifty index were Bajaj Auto (down 4.14%), Power Grid Corporation Of India (down 3.78%), ONGC (down 3.03%), Indusind Bank (down 3.00%), and Hindalco Industries (down 2.91%).
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Starbucks (NASDAQ: SBUX) recently reported disappointing first-quarter results, sending shares plunging by more than 15%. I'm rather bullish for the long term, so I decided to finally buy the stock, but as I discuss in this video, there is one big reason investors should be cautious with this one.*Stock prices used were the morning prices of May 3, 2024. The video was published on May 3, 2024."
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Shares of electric-vehicle (EV) maker Rivian (NASDAQ: RIVN) were falling again last month as pressure continued to build on the EV sector. A combination of further price cuts from other EV manufacturers, falling expectations that the Federal Reserve would cut interest rates, and weak deliveries and financial results from industry leader Tesla all weighed on the stock.
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